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Greek central government primary cash surplus to August at 2.3 bln
EconomyMacroeconomy(MoF) in the budget execution bulletin are calculated on a modified cash basis. The breakdown... by 20.4 percent. Compared to the 8-month budget figure of 29.58 billion, the BoG cash revenue item... a mid single-digit drop of 4.9 percent to 32.14 billion. This compares with the 8-month budget figure
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Troika review begins with fiscal targets and tax breaks in focus
EconomyMacroeconomydraft budget is due to be submitted to Parliament. The focus is on what fiscal targets... for another year. Furthermore, the MoF will reportedly highlight the budget outperformance so far this year... tax rate by 2 percentage points that will be incorporated in the final 2015 budget, which
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Fiscal consolidation leads Greek 9-month primary cash balance to 2.76 bln
EconomyMacroeconomybasis, while the respective items presented by the Ministry of Finance (MoF) in the budget execution... with the 9-month budget figure of 33.87 billion euros indicates that the BoG cash revenue item is lower... budget figure of 35.91 billion euros, BoG underlying item is lower by 230 million. Interest payments
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Primary surplus narrows to 2.4 bln in October as revenues miss target
EconomyGreece’s budget execution showed the primary surplus narrowing to 2.41 billion euros.... The 10-month budget deficit reached 2.7 billion euros (from 2.29 billion in the 9-month period), which... shortfall as well as lower Public Investment Budget (PIB) balance (by 708 million). The comparison
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Greek primary surplus shrinks by 1.7 bln in Dec as revenues miss 2014 target by 3.1 bln
EconomyGreece’s budget execution showed the primary surplus shrinking by 1.7 billion euros in December... Ministry (MoF) final budget bulletin published on Monday. The data means the primary surplus is 57... Investment Budget (PIB) expenditure (up 1.6 billion MoM). The final figures for the whole year show tthat
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Drop in revenues drives Jan central government primary cash deficit to 149 mln
EconomyMacroeconomyitems presented by the Ministry of Finance (MoF) in the budget execution bulletin are calculated... to 3.13 billion euros in January from 4.47 billion last year. The MoF preliminary budget data... 11.3 percent to 3.2 billion. The drop in the respective state budget execution item was slightly lower
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Greek central gov’t cash surplus shrinks 70 pct to 503 mln by February
EconomyMacroeconomycompared to modified cash basis for the Ministry of Finance (MoF) in the budget execution bulletin... get a difference of 740 million. This is mainly attributed to higher budget revenues (by 563 million... budget execution figures published by the MoF on Friday displayed a slower drop in revenues by 7.3
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A breakdown of the fiscal and structural reforms Greece hopes will unlock funding
EconomyProgrammeby the Finance Ministry sees GDP growth halved to 1.4 percent from the 2.9 percent growth seen in the budget... to the 22.6 percent in the budget, falling to 21.1 percent in 2016. 2015 is expected to be another deflationary year, with harmonised consumer price index at -0.5 percent (compared to 0.3 percent in 2015 budget
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What next for Greece's revenues and spending?
Agora. However, budget revenues in May fell short of the target by 1.05 billion euros, with Finance Ministry... budget projected much higher revenues of 6.43 billion euros. This is due to the inclusion of more than... budgeted for July are in doubt. Expenditure The other key budget item is primary expenditure. Data shows
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Revenues 705 mln short in June but expenditure above target by 961 mln
EconomyGreece’s budget primary surplus widened to 1.88 billion euros in the first half of the year, from... to the Finance Ministry (MoF) preliminary budget bulletin published on Tuesday. Also, the outperformance... procurement (by 295 million) coupled with a higher Public Investment Budget (PIB) balance (by 1.54 billion
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